You're welcome. I saw the original post more for entertainment value, with perhaps some good criticism of it from HN'ers. I hadn't seen this posting, rather nutty & unhinged.
He had almost lost me until the section "people buying things they don't need with money they don't have" and the prime example was "education" - then he really lost me.
This guy is cherry picking stats and quotes to back his argument, the same article that he quoted as showing that credit card borrowing was up also stated:
"Credit card usage has fallen sharply since the 2008 credit crisis. Four years ago, Americans had $1.03 trillion in credit card debt, an all-time high. In October, that figure was 17 percent lower."
This guy should live in rural Afghanistan or Sudan and have warlords dictate his fate instead of a government.
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[ 3.2 ms ] story [ 25.7 ms ] threadSome truther joy from the same site. Great post, nekojima!
Cranky crank is cranking, apparently.